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Here are some tips on how to start a home based business and five things to consider.

1. Deciding what you want your end result to be.
2. Are you looking to replace your current income?
3. How much effort are you willing to put in on a daily basis?
4. What are you willing to invest?
5. Are you looking to plug into an already successful business model and Follow a learnable, teachable, duplicating system.

For most people in our country who have an entrepreneurial heart, They are looking to break away from trading time for dollars in a 9-5 job. I know the statistics and I know them well. 98% of all Americans will be dead or broke by the age of 65.

Why? Because they failed to plan and their plan will fail. If you don’t have a secondary source of income, you will not make it, PERIOD. Taxes and inflation will eat you alive.

I wont get into our tax system, but I will say, it was not set up to cater to the employee, it caters to the business owner.

Starting a home based business is a great way to break free however with the market flooded with money hungry people, who are not only seeking financial gain, but will take the shirt off of your back to do so. So you need to join an organization that has put together system and has top notch leadership who have already been super successful in their field of endeavor.

Let’s start from the beginning. First you need to put together a game plan of what it is that you want from a business at home. You then need to decide what your end goal or dollar amount you want to accumulate. This is important.

Once you have your goal, you need to decide what you are willing to give up temporarily to accomplish this. Its called delayed gratification.

Next, in order for you to start a home based business, you will need to have a system that has a proven track record of previous success.

OK, now I am going to move quickly. If you treat your home business like a hobby, with employee mentality, it will pay you like a hobby or like you were getting paid like an employee. You will need to invest time and money to get it off the ground.

Personally, I have owned a few home based network marketing businesses, made some money but could not find people willing to duplicate my work habits.

I dumped that old business model and joined a top notch top tier direct sales company with a proven step by step system using the power of the internet and coaching from some of the top internet marketers in the world. I had Found an answer to my years of pain.

If you want to learn more about starting a home based business and join our cause of helping 100 people become millionaires by 2012. I highly suggest you check out our business model, it’s the cream of the crop, bottom line!!!!

Are you earning the most you can with your Network Marketing business? Are you getting top returns on your efforts and investments? Are you protecting your income from the major pitfalls in the Network Marketing Industry? If not, the best way to address these issues is to build multiple streams of income.

It is vital to your long-term success to build multiple income streams as opposed to building just one company at a time, and thanks to modern technology and the Internet, it has never been easier. Building multiple income streams protects your income by not putting all of your eggs in one basket. This way you are not dependent on any one company for 100% of your income.

From personal experience, when I started out in this industry roughly 10 years ago I decided to represent just one company and build it as big as possible. My team member’s and I spent several years putting our heart and sole (and of’ course our money) into building several different companies (one at a time), but unfortunately through no fault of our own, each time we were successful the company failed us.

Some companies were dishonest, some couldn’t handle the growth, some didn’t understand the industry, some were under funded, some got shut down by the FTC because they didn’t take the time to learn the laws and there were many other reasons as well.

Each time this happened we needed to start all over. We lost most of our team, but determined to succeed we picked up the pieces and joined another company, only to see the same things happen again and again.

Finally we realized that if we were going to invest in the Stock Market it wouldn’t make sense to put all of our money on just one stock, so why would we entrust our futures to just one company.

From that point on we decided to protect our income by not relying on any one company and I can honestly say it was one of the best decisions we ever made. When you represent multiple companies, if any one company fails you for whatever reason, you can easily replace it with another one. This way you don’t lose your business and your team, and you don’t have to start all over again.

In addition to protecting your income, building multiple income streams greatly increases your results for your efforts and investment. When you promote one company only about 5% of the people who see your advertising are going to be interested. This has nothing to do with your company, that’s the way it is with any company. But, when you offer people choices they will join whatever income stream appeals to them, and your enrollments will go way up from the typical 5%.

Also, you are more likely to achieve success by building several smaller checks as opposed to one big one. For example, if your goal is to earn $10,000 / Month it will be much easier to generate 10 $1,000 monthly checks than it will to earn 1 $10,000 monthly check. And, back to protecting your income, if you choose to build 1 $10,000 check and the company fails you, 100% of your income is gone and you are back to square one.

So, as you can see, building multiple streams of income protects your income for the long haul, it increases your results and greatly maximizes your earning potential.

It is widely recommended to get some expert EFRBS advice before investing in any asset or financial product. An EFRBS is an unregistered flexible and tax-efficient retirement scheme for the senior employees and directors of a company. This pension scheme has many advantages over traditional approved UK pension schemes, as it gives employees greater investment choices and many tax-relief options. If properly structured and wisely invested, EFRBS can definitely provide a good cash flow, even after retirement. Hence, it is wise and necessary to obtain appropriate professional EFRBS advice before deciding where to invest the funds and benefits of EFRBS. Hiring a professional EFRBS investment advisor can be helpful in a number of ways.

One of the main advantages of EFRBS is that there are no restrictions on investing options and the employee members are permitted to invest in an extensive variety of assets. EFRBS advice from a professional and well-experienced investment advisor may be helpful in determining the ideal investment portfolios. The investment advisers can help the members plan suitable investment strategies on the basis of their investment objectives and tolerance for risk. They assist the employee members of EFRBS to determine where to invest the funds and how they can obtain maximum benefits from the investments.

An EFRBS is usually set up as a trust and is funded by the employer. The administration of the EFRBS is carried out by a trustee service appointed by the employer. It is very important that the EFRBS should be prepared in accordance with the investment options of the employee member of the trust. Therefore, an investment advisor plays a substantial role in the structuring and organizing of the EFRBS trust. Professional investment advisers can give valuable and sound ERRBS advice and directions on how to successfully set up and organize an EFRBS trust.

Typically, the investment advisors who provide EFRBS advice services have an in-depth knowledge of the technical issues associated with EFRBS pension scheme and can assist the trustee in the preparation documentation. Apart from giving EFRBS advice and guidance, it is also responsibility of the investor advisors to undertake adequate investigations and evaluations before investing in a particular asset. They must also regularly evaluate the performance of funds. The investment advisor can also help the members to opt for an appropriate retirement option.

While appointing an investment adviser to provide necessary EFRBS advice on investment issues, it should be made sure that the adviser has strong knowledge and experience of the tax laws of the HMRC and UK pension rules. The investment advisor also must have proper understanding of the EFRBS provisions and regulations.